Amazon Appeals Record $865M Fine for Violation of EU Data Protection Rules October 19, 2021 By Stephanie Bodoni Amazon.com Inc. appealed a record 746 million-euro ($865 million) penalty for allegedly violating the European Union’s tough data-protection rules. The...
Arthur J. Gallagher & Co. Buys New Zealand’s Matt Jensen Insurance Brokers October 19, 2021 Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Taupo, New Zealand-based Matt Jensen Insurance...
People Moves: Herman Named Alabama’s Insurance Fraud Bureau Director October 19, 2021 A veteran police officer and fire investigator has been named director of the state’s Insurance Fraud Bureau and assistant state...
Citizens Insurance Property Inspections to Soar in Next 4 Years October 19, 2021 By William Rabb As part of its effort to reduce its ballooning exposure level and trim the number of policyholders, Florida’s insurer of...
Alabama Ups Fees for Captives, Adopts New Valuation Manual October 19, 2021 The Alabama Department of Insurance has set new fees for captive insurers and has adopted a new valuation manual. The...
U.S. Auto Safety Agency Faces Backlog of Rules and Missed Deadlines October 19, 2021 By Hope Yen and Tom Krisher After their 16-year-old daughter died in a car crash, David and Wendy Mills wondered whether she would be alive if...
Out-of-Practice Airline Pilots Are Looking Error-Prone October 19, 2021 By Angus Whitley and Anurag Kotoky Back in the cockpit after time off recovering from Covid-19, an airline pilot forgot to start his plane’s second engine...
Gallagher Completes Acquisition of India’s Edelweiss Gallagher Insurance Brokers October 18, 2021 Arthur J. Gallagher & Co., the Rolling Meadow, Ill.-based broker, announced it has completed its acquisition of Mumbai, India-based Edelweiss...
FWD Group’s $2 Billion Insurance IPO Stalls in U.S.: Sources October 18, 2021 By Manuel Baigorri and Julia Fioretti Billionaire Richard Li’s U.S. initial public offering of his Asian insurance group, FWD Group Holdings Ltd., is stalling amid regulators’...
Paper Uncovers Major Security Flaw in Missouri State Database October 18, 2021 By Summer Ballentine and Jim Salter Republican Gov. Mike Parson condemned one of Missouri’s largest newspapers for exposing a flaw in a state database that allowed...